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Marketing Channels: Nature & Importance
The importance of marketing channels
Marketing Channels: Nature & Importance
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In his study states that 4P‟s applied by Sachet- water Vendors Product that is Product, Price, Place, and Promotion. Water quality focused , for both hand-tied and factory-produced sachet water, and the brand name and company reputation of factory-produced sachet water. From questionnaires directed to customers of sachet water, 80% felt that the water quality of factory-produced sachet water was good and only 33% felt the same for hand-tied sachet water. The reality is that factory-produced sachet water was generally considered to be “pure water” may have been a reason why 90% of the interviewees bought it despite it being more expensive when compared to hand-tied sachet water (90% also includes those who bought both hand-tied and factory-produced sachet water). Reasons for choosing specific sachet-water brands included the quality of the physical product itself, convenient availability, the brand name and company reputation. 40% of the respondents preferred “Voltic” sachet water. Voltaic, which has been in the Ghana market for the longest time, was established in 1995 and holds 65% market share in Ghana
39 Teshamulwa Okioga , “ Water Quality And Business Aspects Of Sachet-Vended Water In Tamale,
Ghana”, Master of Engineering in Civil and Environmental Engineering thesis Submitted to
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The consumers have their choices of mineral water. Brand name of the mineral water has an important role on purchased decision of the consumers. Different attributes of mineral water influence the purchase decision of the consumers. Buyer attitude is the psychological, social and physical attitudes of potential consumers as they are able to check, purchase, consume and tell other people about the products and services. How it is different facts of benefits expected from the product before affecting the purchase of the
As the bottled water becomes more popular, people prefer to drink bottle water over tap water. According to them, it has a better quality and taste. Unfortunately, people are being fooled by the water industries. The “purified” water, as its label, comes from municipal reserves. This research will discuss:
I chose to do my research about an ongoing issue with drinkable water. To narrow it down, I decided to concentrate on bottled water. This topic interests me personally, and I believe might be interesting for my classmates, as the issue affects everyone. Maybe if we realized the problems it causes, we would try drinking from a glass at home or carrying water in a refillable steel container instead of plastic. I hope that my research will change the perspective of the reader about such a convenient thing – bottled water.
The key stakeholders are Peter Vyas, the manager of filtration unit and Cynthia Jackson who is the vice president of water management division. Vyas was convinced that the survival of the unit depended upon innovative growth and thus he appointed a technology evaluation team with the responsibility of using technology to solve the problem of obtaining clean water in remote regions, by developing a small-scale oxidation system that enabled waste-water disinfection in small batches. His utmost concern is the technological aspect of developing the product. On the other hand, Cynthia’s perspective was shaped by the marketing angle of the product. She recommended the development of future proposals using a rigorous three phase process which links the markets analysis and technological development to busines...
If Roberta W refuses all hydration, it will definitely be viewed as her committing suicide. She is refusing hydration, which will cause risk for death. I believe refusing is definitely considered an act of suicide because it's your own body and you're stopping it from living. This situation puts Dr. R in a bad position because all patients have the right to refuse the care that is giving to them, whether it is beneficial to them or not. The physician ethical duty is to be Nonmaleficence to the patient because Dr.R needs to stop Roberta from doing something that will affect her body. It is always number one responsibility for a physician to provide the best possible care for a patient. Some people who have Roberta w. Problem is trying so hard
The bottled water industry has a high potential in growth rate and in the terms of sales volume or per capita consumption rate. For example, the United States’ capita consumption of bottled water lagged those of soft drinks by more than a 2:1 margin. In term of bottle water, the majority of sales volume has burden on single- serving PET containers than 5 or 1-2.5 gallon high density polyethylene containers which use for home or office. The single PET container has been satisfied by the customers because they are convenience and portable. So it could be purchased from a convenience store.
According to the “Competition in the Bottled Water Industry in 2006 Case,” bottled water industry became the one of the world’s most attractive beverage categories, as more and more people began to focus on health and fitness. Consumers start realizing the need of proper hydration, and they began purchasing bottled water instead of drinking tap water, because they were worried about safety of tap water, which tasted like chemicals. Actually, tap water contained chemicals, such as chlorine and fluoride, which are harmful for human body; however, this problem was solved when the bottled water was brought to the market. Due to bottled water’s convenience, purity, and portability, and safety, bottled water industry began to rise rapidly. During
Every company wants to understand why people decide to buy its products or others. Firstly, we have to understand why people buy certain kind of product. People buy products because they need them. A need is activated and felt when there is a sufficient discrepancy between a desired or preferred state of being and the actual state. (Engle£¬Blackwell and Miniard. 1995. p407 ) For example, when you feel hungry, what you needs is some food. It is very important for marketer to understand the needs of consumers. All the consumers may have the same needs, but the ways which they satisfy what they need are different. Here is a example, Chinese people would choose rice when they feel hungry, whilst British people may choose bread to satisfy their needs.
In Maidangarhi, the supply of water is very pathetic. The reasons behind water scarcity in Maidangarhi are as follows :-
In today’s competitive world where organizations looking for high profitability and market share, consumers have very important role. Companies are looking for capture consumers in order to get larger market share. For this reason organization developed a number of techniques and tools. One of such tools is consumer behavior which has been come from economic theory. Consumer behavior is mainly studying the factors and situations that can affect purchase decisions of consumers. Consumer behavior is being very important discipline of management sciences which help out to understand of customers’ decision making.
and explain why we feel such way, many people felt strongly against tap water because of their
In order to understand the relationship between a consumer’s attitude and their behaviour, psychologist constructed a few attitude models to help marketers to understand the consumer’s attitude and behaviour (Shiffman & Kanuk, 2010:249). Some of the attitude models that are considered as important are the following: the single-component attitude model, the tri-component, the multi-attribute attitude model (Rousseau, 2007:195), the theory of trying-to-consume model and the attitude-toward-the-ad models (Shiffman & Kanuk, 2010:255).
In today’s business brand image plays an important role to market the brand. Now whenever a consumer buy a brand he always observe its image. The brand image is force which is at top of the mind and then consumer likes to buy that brand. Before buying any brand consumer are countered by many psychological situation than they select the brand according to that situation, every brand has different image in consumer mind. Brand A has good image in one consumer mind but on other hand the brand A does not create well image on other consumer it effect the behavior of every individual. The purpose of the study is to inspect the effect of brand image on consumer behavior among the people of Karachi. We will find out that the brand image has
The research on consumer behavior assists the organization recognize and forecast the purchase behavior of the consumers while they are purchasing a product. Thus, the study of consumer behavior helps the marketers not only to understand what consumer's purchase, but helps to understand why they purchase it (Kumar, 2004). There are a lot of elements which can influence the purchase decision of consumers such as social influences, cultural influences, psychological factors and personal factors (Super Professeur, 2011). Understanding these factors helps the company to market the product on right time to the right consumers in order to generate more profits. On the other hand, if the marketers fail to understand these components that might influence consumers, they will fail to convince the consumers to purchase that product or will fail to meet the demands of consumers. However, consumer behavior is one of the stimulating and challenging areas in marketing studies being a human activity focused on the products and services. Thus understanding the behavior of the consumers is a great challenge. Moreover, it is not easy to get a full picture of consumer behavior as customers make plenty of different buying decision every day and they usually do not know exactly what influences their purchase. In short, basing on all
Several factors affect consumers’ attitudes, actions and decisions. Public catch information from social networks, which is an important source of getting information and this, is also a very suitable source of information. People talk about their experiences with each other regarding a product or brand. This is how people get different kind of information about different brands and products. In marketing we call this thing electronic word of mouth. Word-of-mouth is evaluating or sharing experiences...
Indira, K., and Romit, S. n.d. Drinking water quality in rural India: Issues and approaches. http://www.waterawards.in/suggested-reading/wateraid-drinking-water-quality.pdf (accessed November 10, 2010).